Tuesday, October 1, 2019

NPR News: Schwab Cuts Commissions To Zero, As Free Trading Edges Toward The Norm

Schwab Cuts Commissions To Zero, As Free Trading Edges Toward The Norm
The traditional online broker is cutting commissions from $4.95 per trade to zero. Charles Schwab is under pressure from newer firms like Robinhood, which are app-based and target younger customers.

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